Claiming the Job Retention Bonus
New guidance has been published on claiming the Job Retention Bonus. The Job Retention Bonus provides for a £1,000 bonus payment to employers that bring back an employee that was furloughed under the Coronavirus Job Retention Scheme, and continuously employs them for at least 3 months after the
COVID review of salary sacrifice arrangements
The tax and NIC advantages of certain benefits provided as part of a salary sacrifice arrangement were removed from 6 April 2017. The change effectively removed the Income Tax and employer NIC advantages of certain benefits provided as part of salary sacrifice arrangements such as mobile phones and
Kickstart scheme who can apply
The new £2 billion Kickstart scheme will enable employers to offer young people on Universal Credit – and at risk of long-term unemployment – state-subsidised work placements for six months. The Kickstart scheme is available to qualifying 16 – 24 year olds in England, Scotland and Wales.
The
SEISS – claims deadline 19 October 2020
The deadline for making a claim under the second round of the Self-Employment Income Support Scheme (SEISS) is 19 October 2020. The second grant covers the quarter to 31 August 2020. This grant will provide up to £6,570 for the quarter (£2,190 per month) paid in a single instalment. These figures
New Patent Box statistics published
HMRC has published official statistics on the number of companies claiming tax relief under the UK Patent Box. The Patent Box allows qualifying companies to apply a lower 10% Corporation Tax rate on profits arising from patent exploitation. The benefit was phased in from 1 April 2016 with the full
Do you send goods to Northern Ireland?
As the EU withdrawal transition period draws to an end (completes 31 December 2020) UK businesses face yet more adjustments in addition to those presented by COVID disruption.
Businesses that trade with the EU should by now have matters in hand to cope with cross-border trading from 1 January 2020.
UK beef exporters given USA boost
The first shipments of UK beef departed for the USA last week. 30th September 2020, marking an historic moment for UK farmers and food producers.
Following the USA’s longstanding ban on EU beef – introduced in the wake of the BSE outbreak in 1996 – market access for UK beef was granted in March
100 towns to share £80m
The Communities Secretary, Robert Jenrick, has announced that over 100 towns in England will each be given up to £1 million to kick start regeneration projects and give areas a boost.
The funding to be received varies between £500k and £1m per town. The money will be available to help support
Employee eligibility for Job Support Scheme
The new Job Support Scheme was introduced on 1 November 2020 as part of the government drive to help protect jobs where businesses are facing lower demand over the winter months due to coronavirus.
This scheme has been designed to support viable jobs and employees must work at least one-third of
Employer eligibility for Job Support Scheme
Employers across the country have generally welcomed the announcement of the new Job Support Scheme that will was launched for 6-months on1 November 2020.
The new Job Support Scheme has been designed to help those who are in work by allowing them to work reduced hours rather than joining the